News

The Carillon Parc groundbreaking and celebration on May 4 was a monumental event for the City of Southlake and all its citizens. It was not just a celebration of the culmination of many years of hard work and shared vision of many people… it was a gathering of friends, family, business leaders, investors, elected officials, residents and many different cultures, providing the perfect example of what Southlake is and a vision of its future.

The long-awaited Carillon Parc development in the ritzy Dallas-Fort Worth suburb of Southlake is moving forward under a powerhouse development team.

Carillon Crown — a partnership between Farrukh Azim of Banyan Court Capital, Hemanth Golla of High Circle Ventures and John Terrell of Hunter Chase Development Partners — is expected to start construction on the 42-acre project as soon as April or May, the Dallas Morning News reported.

The new team behind the long-stalled Carillon Parc development in Southlake is ready to bring a slice of Europe to the North Texas city.

New development group Carillon Crown LLC hopes to break ground on the 42-acre project northeast of the intersection of State Highway 114 East and North White Chapel Boulevard by the end of April or early May.

The project has been trying to take shape in some form since 2016, and soon its expected to get going. The forthcoming project, named Carillon Parc, is located located in Southlake. Once completed, the development will deliver about 565,600 square feet of retail, restaurant, office and other commercial uses. The towns former mayor, John Terrell is heading up the project, “This is going to be the flagship, new diamond in the crown for the city of Southlake.”

Hunter Chase Development and Construction closed on the property designated for Carillon Parc on Friday, beginning the process that will leave Southlake with a new center full of shopping and dining options as well as a park, library and some residential opportunities.

It’s been about a year since zoning was approved for Carillon Parc, the city’s second high-end, mixed-use center planned at the corner of White Chapel Boulevard and Texas 114.

But nothing has happened at the quiet corner, prompting rumors that the long-promised project had fallen through yet again.

An updated concept plan for the much-anticipated Carillon Parc was met with all-around approval from Southlake officials and residents at a city work session Sept. 17.